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Author: John-Bates-Clark: 1 records
About John Bates Clark
John Bates Clark, American economist, was the first to develop marginal productivity theory, using it to explore the distribution of income between returns to labor and capital in a market economy. His work influenced other economists, including Frank Knight. He taught at Columbia University. The prestigious John Bates Clark award is given every other year to an economist under age 40, in his honor. [The image comes from “The Warren J. Samuels Portrait Collection at Duke University.”]
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Essentials of Economic Theory
John Bates Clark Updated 5/26/2009
John Bates Clark was an American adherent of the marginalist school who engaged the Austrians and learned from them. He delivered many blows against the historical school in favor of the idea of pure theory. He was also a prominent advocate of free m...

Journal of Libertarian Studies
Quarterly Journal of Austrian Economics
The Free Market
The Mises Review
Austrian Economics Newsletter
Review of Austrian Economics
Mises Institute Working Papers
Libertarian Papers




